LightSquared Announces the Successful Launch of Next-Generation Satellite

By Lightsquared, PRNE
Sunday, November 14, 2010

Launch is a major step in the creation of LightSquared's next- generation network combining satellite and terrestrial technologies

RESTON, Virginia, November 15, 2010 - LightSquared(TM), the nation's first wholesale-only integrated wireless
broadband and satellite network, today announced the successful launch of its
SkyTerra 1 satellite. Launched by International Launch Services (ILS), the
Proton Breeze M vehicle lifted off from Kazakhstan's Baikonur Cosmodrome at
12:29 p.m. EST yesterday, followed by spacecraft separation and on-schedule
signal acquisition nine hours later at approximately 9:45 p.m. EST.

    (Photo: )
    (Photo: )

The satellite, a Boeing 702HP built by Boeing Space and Intelligence
Systems, is designed to provide wireless mobile services to millions of
subscribers. LightSquared's SkyTerra 1 satellite features a 22-meter L-band
reflector-based antenna — the largest commercial antenna reflector to be put
into service. The satellite, among the most powerful commercial satellites
ever built, will provide ubiquitous nationwide coverage and enable integrated
satellite-terrestrial service using products that are similar to today's
typical mobile devices in terms of size, capabilities and build costs.

"Today, LightSquared has achieved a major milestone in the realization of
our mission to revolutionize the wireless industry in the United States,"
said Sanjiv Ahuja, chairman and chief executive officer for LightSquared.
"LightSquared is launching the world's first truly integrated
satellite-terrestrial network, combining our 4G-LTE terrestrial network with
ubiquitous satellite coverage that will connect rural America and support
emergency communications."

"We thank the skilled engineering and operations teams of ILS,
Khrunichev, Boeing and LightSquared for their dedication and hard work that
made this a successful mission," Ahuja added.

About LightSquared

LightSquared's mission is to revolutionize the U.S. wireless industry.
Through the creation of the first-ever wholesale-only nationwide 4G-LTE
network complemented by satellite coverage, LightSquared offers people the
speed, value, and reliability of universal broadband connectivity, wherever
they are in the United States. Through its wholesale-only business model,
those without their own wireless network or who have limited geographic
coverage or spectrum can develop and sell their own devices, applications,
and services using LightSquared's open 4G network — at a competitive cost
and without retail competition from LightSquared.

For further information about LightSquared, please go to

Forward Looking Statement

This release contains forward-looking statements and information
regarding LightSquared and its business. Such statements are based on the
current expectations and certain assumptions of LightSquared's management and
are, therefore, subject to certain risks and uncertainties. The
forward-looking statements expressed herein relate only to information as of
the date of this release. LightSquared has no obligation to update these
forward-looking statements to reflect events or circumstances after the date
of this release, nor is there any assurance that the plans or strategies
discussed in this release will not change.

Tom Surface, LightSquared, +1-703-390-1579, or Amy Rosenberg, Burson-Marsteller, +1-212-614-4558

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